India cenbank likely to take delivery of maturing $5 billion FX swap next week, bankers say
Monday, 4 March 2024
The Indian central bank is expected to take delivery of a $5 billion forex swap due to adequate dollar inflows and tighter rupee liquidity. Inflows into the debt market have aided dollar liquidity, and cash outflows towards direct taxes are expected. The central bank may choose to roll over the swap to manage the domestic liquidity situation.
|
||||
|
|
||||
You Might Like |
||||
